Economy

CIFT signs deal with Uniloids Biosciences

Our Bureau Kochi | Updated on July 20, 2011 Published on July 20, 2011




The Central Institute of Fisheries and Technology (CIFT) signed an MoU with the Hyderabad-based Uniloids Biosciences. With this, Uniloids Biosciences will have access to the unique and innovative technology developed at CIFT, to convert process waste to Chitin and Chitosan.

Chitin and Chitosan finds wide usage in various industries like pharma, food processing and cosmetics. Under the MoU, Zonal Technology Management - Business Planning and Development Unit [ZTM-BPD Unit], along with Fish Processing Division and Quality Assurance and Management Division, will further provide training and support to Uniloids Biosciences for commercialising the technology.

This deal indicates the latent demand for technologies developed at various institutes in India. Our institute can cater to some unique demands of industry. CIFT is prepared to facilitate transfer of commercially viable technologies and to extend our expertise in the field. We urge industries cutting across all domains to access institute to understand and then commercially exploit various such technologies developed in our labs,” Dr T. K.Srinivasa Gopal, Director, CIFT, said in a statement.

ZTM-BPD Unit is an Agri-Business Incubator providing one-stop shop solution to meet all business needs of an entrepreneur. Supported by Indian Council of Agricultural Research (ICAR) through National Agricultural Innovation Project (NAIP), the ZTM-BPD Unit helps entrepreneurs access technologies and expertise available at agricultural institutes in southern India.

Published on July 20, 2011
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